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Mango Airlines’ dire financial situation is revealed as business rescue looms

“Sucked dry: For the first time, Mango Airlines’ dire financial situation is revealed as business rescue looms” By Ray Mahlaka• 27 July 2021 Mango, a state-owned airline, last recorded a profit in 2018 despite several efforts by the board and management to turn its fortunes around. The low-cost airline plunged into a loss of R497-million in 2020, a disruptive year for the wider aviation industry […]

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